The company reported standalone net profit of Rs 10.18 crore for the quarter ended March 31, 2025 as compared to Rs 63.79 crore in the same period last year, registering a year-on-year decline of 84.04 per cent.
Net revenue of the company rose moderately by 19.04 per cent at Rs 173.21 crore in January-March quarter of this fiscal as against Rs 145.51 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 34.03 per cent to Rs 153.20 crore from Rs 114.30 crore in year ago period.
Other Income dipped by 5.23 per cent at Rs 5.25 crore versus (Mar'24 Rs 5.54 crore).
Operating Profit slipped by 35.89 per cent to Rs 20.01 crore as against Rs 31.21 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 46.15 per cent in March quarter.
Interest declined by 24.14 per cent y-o-y to Rs 10.81 crore, while Taxation decreased by 191.30 per cent at Rs -2.31 crore (Mar'24 Rs 2.53 crore).